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FCA Sterling Heights Stamping Plant gets three new stamping presses

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The Fiat Chrysler Sterling Heights Stamping Plant celebrated the launch of three ne stamping presses this morning, in a move that will make FCA more productive.

FCA announced the initial investment of $166 million last summer, and nearly 700 workers were on hand to hear from CEO Sergio Marchionne and the VP of the UAW.

The new presses will increase its annual capacity by nearly 75,000 stampings each day for Chrylser, Dodge and Jeep vehicles.